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Indian benchmark indices end Monday on a positive note

| | Feb 22, 2016, at 10:51 pm
Mumbai, Feb 22 (IBNS) The Indian benchmark indices, BSE Sensex and NSE Nifty, closed on a positive note on Monday, up 79.64 points to 23788.79 and up 23.80 points to 7234.55, respectively.

Positive global cues and strength in oil and gas, pharma, metals and a few bank stocks held up the market sentiment.

According to media reports, the market is likely to remain range-bound with the expiry of the February derivative contracts on Feb 25 and the Union Budget scheduled for Feb 29.

The Budget session of the Parliament will begin on Tuesday.

The Jat agitation in Haryana has affected Maruti Suzuki's plants in the state and the company's share prices dropped on Monday.

ITC, Adani Ports, NTPC and GAIL saw a drop in their share prices too.

Some of the stocks that ended Monday as gainers are HUL, Reliance Industries, Axis Bank, ONGC, Dr Reddy's Labs, Cipla and Bajaj Auto. 

 

Image: Wikimedia Commons

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